Question No 34 Chapter No 12 - T.S. Grewal 11 Class

Question No 34 Chapter No 12

34. From the following information supplied by Sanjay, prepare his bank Reconciliation Statement as on 31St March,2018.\

1. Debit balance is shown by passbook Rs 17,800
2. Cheque of Rs 21,600 was issued in the last week of March but cheque of Rs 14,800 was presented for payment
3. Cheque of Rs 10,750 was presented to the bank. Out of them, a cheque of Rs 4,200 was credited in the first week of April 2018
4. A cheque of Rs 1,200 was debited in the cash book but was not presented in the bank.
5. An insurance premium paid by the bank Rs 1,450
6. A bill of exchange of Rs 6,200 which discounted with the same was dishonoured but no entry was made in the cash book
7. Bank charges, charges by the bank Rs 350

The solution of Question No 34 Chapter No 12: -  

Bank Reconciliation Statement

Particular	Plus Items (Rs)	Minus Items (Rs)
Overdraft as per Pass Book(Cr)		17,800
Cheque issued but not presented for payment		6,800
Cheque deposited into the bank but not yet credited by the bank	4,200
Cheque recorded in the cash book but not sent for collection	1,200
The insurance premium paid by bank	1,450
Dishonoured of the bill and noting charges paid by the bank	6,200
Bank charges charged by the bank	350
Balance as per Cash Book	11,200
	24,600	24,600

To understand more about cash book please check out following links: -

https://tutorstips.com/bank-reconciliation-statement/

 

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Also, Check out the solved question of previous Chapters: -

• Chapter No. 5 - Accounting Equation
• Chapter No. 6 - Accounting Procedures - Rules of Debit and Credit
• Goods and Services Tax(GST)
• Chapter No. 8 - Journal
• Chapter No. 9 - Ledger
• Chapter No. 10 – Special Purpose Books I – Cash Book

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